Norway’s Østensjø divests ownership stake in Edda Wind
Norwegian shipowner Østensjø, through its wholly owned subsidiary Østensjø Wind, has agreed to sell 21.3 million shares in offshore support…
Fed’s Powell says looming US election will not sway rate decisions
The looming U.S. presidential election will not influence the Federal Reserve’s interest rate decisions, Fed Chair Jerome Powell said on…
Belgium and Namibia to Develop Africa’s First Hydrogen Ship, Infrastructure
Partners from Belgium and the African nation of Namibia mapped out a plan to develop the continent’s hydrogen infrastructure for…
Russian April manufacturing grows at slowest rate in three months, PMI shows
Activity in Russia’s manufacturing sector grew at the slowest rate in three months in April, a business survey showed on…
Video: Ukraine Hits Another Russian Refinery in Long-Distance Strike
Despite disapproval from the White House, Ukraine continues its campaign of attacks on refineries deep within the Russian heartland. It…
German manufacturing downturn eases in April, PMI survey shows
The downturn in Germany’s manufacturing sector eased in April, although a longstanding decline in new orders picked up pace, a…
Two U.S. Offshore Wind Farms Gear Up for Construction Despite Challenges
Two of the largest U.S. offshore wind farms are moving forward into their construction phase as the industry continues to…
Euro zone factory activity takes turn for the worse in April, PMI survey shows
The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices,…
Divers Recover Fifth Body From Wreckage of Baltimore’s Key Bridge
Divers have recovered a fifth body from the wreckage of the Francis Key Bridge, bringing the number of missing people…
Softer US activity numbers will do little to temper the Fed’s hawkishness
Manufacturing and construction activity remain subdued Ahead of today’s Federal Reserve FOMC meeting we have had some fairly subdued US…